property assessed improvements but no idea why

property assessed improvements but no idea why

Member since 2025 · 2 posts · 0 votes

Hello

I am asking this for my neighbor. She recently lost her husband and is taking care of all the finances herself which the husband used to do. She showed me her property tax statement and was surprised the tax is so much. I read the statement and it says she bought the condo for $x which she agrees with. But then there is something called improvements, and the improvements is just as much, making the assessed value $2x. she has no idea how this could be. She says she remodeled her kitchen a long time ago but never got a permit from the city and there is no way the city would know. besides, based on my preliminary research, remodeling a kitchen doesn't cause a reassessment anyway. There has been some work done on the building over the years, nothing major. The hoa supposedly improved the elevator (which made it worse by the way), they painted the exterior. Nothing that would really improve the lives of the tenants. Could these be why city is assessing $x in improvements? She was going to pay it but I told her let me research this for you. I think it's ridiculous. what can be done? if we fight the city, is there a risk that they will assess even more ("we investigated and realized not only is the improvements worth $x, it's actually worth $x + $100,000"). 

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    1y

    This is a common money-grab by government. In some areas you have to fight your taxes every year or you will pay much more than you should.

    Find a local attorney that fights property tax assessments in your county and have a conversation with them.

    • Member since 2025 · 2 posts · 0 votes
      1y
      Quote from @Greg Scott:

      This is a common money-grab by government. In some areas you have to fight your taxes every year or you will pay much more than you should.

      Find a local attorney that fights property tax assessments in your county and have a conversation with them.


       oh wow. I told her to hire a lawyer to fight the city. she said you can never win with the city and hiring a lawyer will cost more than the potential tax savings. 

  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    1y

    Most lawyers that help fight your taxes charge a portion of the savings.  In other words, you have nothing to lose.

  • Jason MalabuteBusiness Member
    Accountant · Los Angeles, CA · Member since 2016 · 2k+ posts · 914 votes
    1y
    Quote from @Simon Davis:

    Hello

    I am asking this for my neighbor. She recently lost her husband and is taking care of all the finances herself which the husband used to do. She showed me her property tax statement and was surprised the tax is so much. I read the statement and it says she bought the condo for $x which she agrees with. But then there is something called improvements, and the improvements is just as much, making the assessed value $2x. she has no idea how this could be. She says she remodeled her kitchen a long time ago but never got a permit from the city and there is no way the city would know. besides, based on my preliminary research, remodeling a kitchen doesn't cause a reassessment anyway. There has been some work done on the building over the years, nothing major. The hoa supposedly improved the elevator (which made it worse by the way), they painted the exterior. Nothing that would really improve the lives of the tenants. Could these be why city is assessing $x in improvements? She was going to pay it but I told her let me research this for you. I think it's ridiculous. what can be done? if we fight the city, is there a risk that they will assess even more ("we investigated and realized not only is the improvements worth $x, it's actually worth $x + $100,000"). 


     I would recommend finding a local attorney that fights property tax assessments and getting feedback from them

    Malabute & Company CPAs527 Reviews
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    1y
    Quote from @Simon Davis:

    Hello

    I am asking this for my neighbor. She recently lost her husband and is taking care of all the finances herself which the husband used to do. She showed me her property tax statement and was surprised the tax is so much. I read the statement and it says she bought the condo for $x which she agrees with. But then there is something called improvements, and the improvements is just as much, making the assessed value $2x. she has no idea how this could be. She says she remodeled her kitchen a long time ago but never got a permit from the city and there is no way the city would know. besides, based on my preliminary research, remodeling a kitchen doesn't cause a reassessment anyway. There has been some work done on the building over the years, nothing major. The hoa supposedly improved the elevator (which made it worse by the way), they painted the exterior. Nothing that would really improve the lives of the tenants. Could these be why city is assessing $x in improvements? She was going to pay it but I told her let me research this for you. I think it's ridiculous. what can be done? if we fight the city, is there a risk that they will assess even more ("we investigated and realized not only is the improvements worth $x, it's actually worth $x + $100,000"). 

    Actually, the improvements portion of a tax bill represents building value, the base portion represents land value.  In real estate terminology anything built and a fixed to land is called improvements. 

    Private Mortgage Financing Partners, LLC
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